An undated image of an LNG tanker. — Reuters/FileVolume insufficient for full-capacity RLNG power generation.Two higher-priced May cargoes rejected by authorities.Future imports hinge on Strait of Hormuz situation.ISLAMABAD: TotalEnergies will dispatch the vessel Seapeak Magellan…
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Petroleum Minister Ali Pervaiz Malik and federal ministers call on Prime Minister Shehbaz Sharif in Islamabad on August 19, 2026. — Screengrab via X/@PakPMOPM Shehbaz seeks swift conclusion of diesel price talks.Local refineries produce major share of diesel consumed.Premier calls…
Govt mulls options to tackle impending gas crisis

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Petrol, diesel prices may see sharp increase if Middle East conflict continues

A fuel station worker filling petrol in a motorcycle in Karachi, on January 1, 2026. — PPIOfficials say int’l diesel prices have increased by 30%.Calls revived to form a strategic petroleum reserve.PSO asked to explore alternative oil and diesel sources.
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